Peter Schiff spoke out for the latest move by Bitcoin Investor Famous Company! - Fincance News
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Peter Schiff spoke out for the latest move by Bitcoin Investor Famous Company!

Peter Schiff, known for his negative attitude towards Bitcoin, responded to MicroStrategy’s latest BTC move with a negative comment, as expected.

Schiff, who hasn’t changed his attitude towards Bitcoin since day one, again took aim at MicroStrategy. The giant company, which has been buying Bitcoin at certain intervals since August last year, stated that it can sell a billion dollars in shares with a new statement and that they can use it for new purchases of Bitcoin.

Schiff, on the other hand, stated that the company already has enough Bitcoin and called the company’s founder and CEO Michael Saylor “crazy.” According to the famous anti-Bitcoin name, the company’s attempt to buy more Bitcoin each day is meaningless.

Schiff also stated that the purchases in question were desperate actions to prevent Bitcoin from collapsing.

This latest event, which has brought the often controversial duo head-to-head over Bitcoin, is far from a positive move for Schiff investors.

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